Investing for the future is a critical aspect of financial planning, especially for college students and young adults who are at the early stages of their careers. Many employers offer company-sponsored retirement plans, such as 401(k) plans, as a means to encourage their employees to save for...

401(k), 403(b), and 457(b) plans are tax-advantaged retirement savings plans offered by employers in the United States. They provide a way for employees to save and invest money for their retirement, and they offer several advantages that make them valuable options for retirement planning.

1....

College students typically have several significant expenses to manage during their time in school. The greatest expenses for college students can vary depending on factors like the institution they attend, their location, and their personal circumstances. However, some common major expenses...

There are several excellent free additional personal finance resources available for college students to access. Here are some recommendations:

Khan Academy - Personal Finance: Khan Academy offers a comprehensive personal finance course that covers topics like budgeting, saving, investing, and...

College students should strongly consider work-study jobs as they offer numerous benefits that can significantly impact their personal finances and overall college experience. Here are some reasons why work-study jobs are advantageous for you:

Financial Support: College can be expensive, and...

Asking for help with your personal finances, especially when you're young, is not just okay, but it's actually a smart and responsible thing to do. Here are several reasons why seeking assistance with your finances is beneficial:

1. Learning Opportunity: Personal finance can be complex, and it's...

As I was recently asked, here are the three common mistakes that college students make in terms of personal finance and the reasons behind them:

1. Not Budgeting/Not Having A Spending Plan: Many college students fail to create and follow a budget. Without a budget, it's easy to overspend on...

You can end up "working for your credit cards" when you find yourself in a cycle of credit card debt that is difficult to escape. This situation typically occurs when you accumulate significant credit card balances and struggle to pay them off due to high-interest rates and other associated fees....

With the Mega Millions jackpot now back up to $1 Billion and back in the news, it's a good time to bring up this topic. The lottery mindset of personal finance, it refers to the belief that winning the lottery or other forms of gambling is a viable strategy for achieving financial success or...

With your first job, consider doing something I wish I did. Open and contribute what you can into a Roth IRA. So here's are the reasons why:

Base on my professional experience, here are the two winning mindset of successful young investors: 

1. Long-Term Mindset: This mindset emphasizes the importance of looking beyond short-term fluctuations and focusing on the long-term growth potential of your investments. Here's why it's...

Absolutely! Being responsible and accountable are indeed key factors in achieving financial success. Responsibility and accountability are indeed two words that effectively sum up and describe personal finance. These two words & traits are also the foundation of personal finance, as it's...